PSA L&P - Checks: How voided checks are recorded

How voided checks are recorded 

When you void a check, the system will ask you to enter a void date and if you want to make a copy of the original bill.

 

After voiding the check, it will display like the image below. Notice that the amount is still the original amount of the check. Instead of changing the check amount to zero, the voiding process adds a journal entry which reverses the original check transaction.

 

A reversing Journal Entry is created when a check is voided

 

 


Related Articles

How to handle voided checks in the Bank Reconciliation

How to "un-void" a check

How a void affects the bill

How to delete or void a check

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